Los Angeles Municipal Code Art. 34 Mobility Investment Trust Fund

(a) There is hereby created in the Treasury of the City of Los Angeles a special fund to be known as the “Mobility Investment Trust Fund” (Fund). This Fund wholly replaces former Section 5.115.10 “Bicycle Plan Trust Fund” and former Section 5.111.19 “Neighborhood Traffic Management Fund” of this Code.

(b) The purposes of this Fund are to: (1) receive, retain, and disburse funds, including developer contributions, received by either the Department of City Planning or the Department of Transportation (Department) and designated for the formulation and implementation of the mobility investments; and (2) facilitate more efficient management and administration of the funds. Mobility investments, disbursed or implemented by the Department, may include, but are not limited to: voluntary developer contributions collected to satisfy compliance with the Transportation Demand Management and Trip Reduction measures set forth in Los Angeles Municipal Code Section 12.26 G.; expansion, operation, and maintenance of transit, car share, and bike share services; management of curbside demand and parking supply; and management of street operations using more efficient intelligent transportation systems and technology. The Fund also shall be used for the disbursement of monies transferred into the Fund by the City Council.

(c) The following categories of appropriation accounts shall be established within the Fund:

1. “Access Improvement” account for voluntary contributions to fund improvements, including, but not limited to, complete streets,

neighborhood traffic calming infrastructure, and curb management;

2. “Automated Traffic Surveillance and Control/Intelligent Transportation System (ATSAC/ITS)” account to fund traffic signal

enhancements via the Department’s ATSAC Program or other ITS projects; and

3. “Mobility Management” account for voluntary contributions to fund capital, operations, and maintenance for existing programs,

including, but not limited to, transit, car share, and bike share programs.

(d) The Fund shall be administered by the General Manager of the Department, or the General Manager’s designee(s) in accordance with

established City practices. No more than 5% of monies in the Fund shall be used per year for administrative costs. Administrative costs shall not include public outreach, transportation assessments, feasibility studies, multimodal trip count data, user travel surveys, Traffic Demand Management monitoring data, conceptual drawings, construction drawings, construction engineering, or construction.

(e) Disbursement of monies in the Funds shall require the approval of the General Manager or the General Manager’s designee(s).

(f) The General Manager shall inform the Controller of any special condition or restriction imposed upon any monies accepted for deposit in the Fund.

(g) The General Manager is authorized to establish procedures to carry out the provisions of this article.

(h) Monies not disbursed in a fiscal year from the Fund, including from accounts within the Fund, shall remain in the Fund and shall be devoted to the purposes of the Fund.

(i) Monies, including principal and interest, not expended from the former Bicycle Plan Trust Fund, the former Neighborhood Traffic Management Trust Fund, and ATSAC Trust Fund 484 shall not revert to the Reserve Fund, but shall be transferred to the Fund and maintained in the accounts listed in Subsection (c).

(j) All interest and other earnings attributable to monies in the Fund or any of the separate accounts within the Fund shall be credited to the Fund and shall be devoted to the purposes of the Fund.

(k) The General Manager shall maintain appropriate accounting records of the actual costs of the services rendered pursuant to the Fund.

SECTION HISTORY

Article and Section Added by Ord. No. 188,662, Eff. 8-10-25.